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News from June 2008

Honda begins production of cars with zero-emission hydrogen fuel cells

Honda begins production of cars with zero-emission hydrogen fuel cells thumbnail

TAKANEZAWA, Japan: Honda Motor Co. has begun commercial production of its new zero-emission, hydrogen fuel cell car, called the FCX Clarity. The midsize four-seat sedan, which runs on hydrogen and electricity, emits only wator vapor and none of the gases believed to be responsible for global warming. …The car will initially be available for lease […]


Leading article: The oil era reaches its desperate endgame

Leading article: The oil era reaches its desperate endgame thumbnail

Saudi Arabia appears ready to cave in to demands from Western governments for the kingdom to make special efforts to increase its production of oil. Analysts forecast that the world’s largest producer will shortly raise its output by half a million barrels a day. The United Nations Secretary-General, Ban Ki-Moon, confirmed this impression at the […]


After decades without a nuclear reactor being built, 15 applications before reg

After decades without a nuclear reactor being built, 15 applications before reg thumbnail

FORT WORTH, Texas: The nation’s nuclear energy industry, all but stagnant for three decades, is quietly building toward a resurgence with more than two dozen new reactors on the drawing board. The Nuclear Regulatory Commission has received applications to build 15 new reactors in eight states. Later this year, plants in seven other states plan […]


Australia: petrol theft on the increase

Australia: petrol theft on the increase thumbnail

SKYROCKETING fuel prices have triggered a growing spate of “drive-offs” from service stations across NSW, prompting authorities to consider tougher measures to battle the petrol pump war. With petrol prices soaring across Sydney, desperate drivers are now committing more than 31 “drive-offs” a day, according to police statistics obtained by The Daily Telegraph. Authorities have […]


A post-petroleum world

A post-petroleum world thumbnail

On this Andover farm, little worry about fuel or food prices With gas at $4 per gallon, most people in New Hampshire can feel their wallets draining along with their car tanks. Not Nelson Lebo. He doesn’t have a car. He’s not worried about the cost of home heating oil either. And soaring food prices? […]


DOE Announces $30 Million for Plug-in Hybrid Electric Vehicle Projects

DOE Announces $30 Million for Plug-in Hybrid Electric Vehicle Projects thumbnail

Adds Plug-in Hybrid Vehicle to Department “The projects announced today demonstrate a shared public-private sector commitment to advance clean vehicle technologies and will help reduce our dependence on foreign oil while also confronting the serious challenge of global climate change,” DOE Assistant Secretary Andy Karsner said. The projects will also address critical barriers to achieving […]


No easy cure for gas pains

No easy cure for gas pains thumbnail

There are some good proposals on oil prices and some terrible ones, but there’s no short-term answer to this long-term problem Motorists are mad as hell and don’t want to take it any more. The price of gasoline has rocketed so high, so fast that they want relief, and they want it now. Too bad […]


America’s Energy Future Debated

America’s Energy Future Debated thumbnail

Amid record-high gasoline prices, America’s energy future has emerged as a major issue in this year’s U.S. elections. VOA’s Michael Bowman reports from Washington, Democrats and Republicans are offering markedly different plans to address the issue. …With anger rising across the country, U.S. politicians are responding with a flurry of proposals. Texas Republican Senator Kay […]


Yes, it

Yes, it thumbnail

Whatever the price of a barrel, the car industry is set to change for ever The telephone line was crackling when Daniel Yergin called me from Kazakhstan on Friday but there was nothing unclear about his message: oil is the new gold. It’s the new gold because the black stuff has become a hedge against […]


Old Farming Habits Leave Uzbekistan a Legacy of Salt

Old Farming Habits Leave Uzbekistan a Legacy of Salt thumbnail

KHUJAYLI, Uzbekistan Uzbekistan, a land-locked country that was once part of the Soviet Union, is home to one of the biggest man-made disasters in history. For decades its rivers were diverted to grow cotton on arid land, causing the Aral Sea, a large saltwater lake, to lose more than half of its surface area in […]


Why Ships No Longer Go To Sea

Why Ships No Longer Go To Sea thumbnail

Navies are facing a crises because of rising fuel costs. Last year, these costs went up fifty percent, and another 25 percent jump is expected this year. Oil prices have been growing steadily over the past decade, as the huge economies of India and China both experienced strong growth. Global GDP has grown from $29 […]


Australia: More lay-offs as energy crisis spreads

Australia: More lay-offs as energy crisis spreads thumbnail

WESTERN Australia’s gas crisis will hit hard this week as more businesses face the decision to shut down and lay off workers because of escalating energy costs, the state government says The WA Chamber of Commerce and Industry (CCI) has estimated 14 per cent of 83 companies it surveyed recently may halt operations because of […]


U.S. cars swarm Tijuana stations

U.S. cars swarm Tijuana stations thumbnail

One site sells out of diesel, premium TIJUANA Workers at the stations surveyed yesterday said they were keeping up with the increased demand for regular unleaded and premium gasoline. Diesel was in short supply or out at those stations selling it, workers said. One station on Aeropuerto Boulevard ran out of diesel fuel at 8 […]


Kuwaiti MPs file bill to cut oil output

Kuwaiti MPs file bill to cut oil output thumbnail

KUWAIT CITY (AFP) – Opposition MPs filed a bill on Sunday that could effectively slash Kuwait’s oil output if it is found that the Gulf state’s proven reserves are actually much lower than official estimates. The proposed legislation, signed by four MPs, stipulates that annual oil output from Kuwait, OPEC’s fourth largest producer, should not […]


UK: Tempers fray as Shell strike begins to bite

UK: Tempers fray as Shell strike begins to bite thumbnail

Petrol sales up 25 per cent as drivers queue at pumps across the country Tempers frayed and frustration rose with the lengths of the queues on garage forecourts yesterday, with people hurling insults and vehicles literally scraping past each other as motorists jostled to get to the pumps. With striking workers continuing to blockade Shell […]


High Fuel Prices Drive up Donkey Prices in Turkey

High Fuel Prices Drive up Donkey Prices in Turkey thumbnail

The prices of donkeys in the Yozgat District in Central Turkey have increased sevenfold as many local people are giving up the use of tractors over the high fuel prices, and substitute them with the beasts of draught. Because of the increased demand the price of one donkey grew from EUR 26 to about EUR […]


Saudi Arabia yet to determine output hike size -TV

Saudi Arabia yet to determine output hike size -TV thumbnail

DUBAI (Reuters) – Top oil exporter Saudi Arabia was yet to determine the size of a planned oil output increase, Al Arabiya Television said on Sunday citing an oil ministry official. “The kingdom was yet to decide the volume of the planned increase in its oil output, the official said, adding that determining any increase […]


Malthus redux: Is doomsday upon us, again?

Malthus redux: Is doomsday upon us, again? thumbnail

…Again, Thomas Malthus, a British economist and demographer at the turn of the 19th century, is being recalled to duty. His basic theory was that populations, which grow geometrically, will inevitably outpace food production, which grows arithmetically. Famine would result. The thought has underlain doomsday scenarios both real and imagined, from the Great Irish Famine […]


AirAsia to maintain growth plans despite spike in fuel price

AirAsia to maintain growth plans despite spike in fuel price thumbnail

– AirAsia, the region’s largest low-cost carrier, said Sunday that despite surging fuel prices it will not scale back growth plans and will press ahead with an ambitious route expansion program. “We will continue to put on new routes. As long as we can make a profit from our operations, we will not hold back […]


Australia wants Asia to drop fuel subsidies: minister

Australia wants Asia to drop fuel subsidies: minister thumbnail

Australian Finance Minister Lindsay Tanner said Sunday the government wanted Asian countries to drop their fuel subsidies to ease rising petrol prices. Canberra argues that the subsidies distort demand for petrol and push up the cost of fuel and that without them, demand would lessen and lead to lower pricesTanner said the idea of scrapping […]


Iberdrola Renewables and Gamesa: wind sector’s largest ever transaction

Iberdrola Renewables and Gamesa: wind sector’s largest ever transaction thumbnail

Iberdrola Renewables and Gamesa have signed the largest turbine supply contract ever in the wind power industry representing a total capacity of 4,500 megawatts (MW), for delivery between 2010 and 2012. The investment for wind power projects to which the turbines will be assigned is approximately €6.3 billion, a figure that includes the turbines and […]


Bush, World-Bank Pushing Bogus ‘Clean Energy’ Funds

Bush, World-Bank Pushing Bogus ‘Clean Energy’ Funds thumbnail

“Climate Investment Funds” to be run by the World Bank and backed by the George W. Bush administration are drawing fire from lawmakers and environmentalists who say the initiatives will accomplish little against global warming. Critics question whether the funds — including a planned 10-billion-dollar Clean Technology Fund — set out a clear way to […]


India: Giant coal-fired power plant gets green subsidies

India: Giant coal-fired power plant gets green subsidies thumbnail

A giant Indian company that has bought up famous British firms such as Jaguar, Land Rover and Tetley Tea is to get hundreds of millions of pounds in “green” subsidies to build one of the world’s biggest coal-fired power stations. Tata will receive huge sums from the West for building the power station in India, […]


Solar power to take over in US, say scientists

Solar power to take over in US, say scientists thumbnail

After decades on the fringe, solar power is closing in on America’s mainstream energy sources as surging fossil fuel prices and mounting concern over climate change spur states, businesses and homeowners to embrace alternative energy.The point at which the world’s cleanest, most renewable resource would become cost competitive with other sources of energy on electricity […]


China’s largest solar power station to be built in Shilin

China’s largest solar power station to be built in Shilin thumbnail

The small city of Shilin, located about 70 kilometers southeast of Kunming, is primarily known for being home to the Stone Forest, part of a UNESCO World Heritage site and one of China’s most famous examples of Karst landscape. In addition to rapidly building up its tourism infrastructure, the city is also preparing to become […]


Solar Power Starts to Sizzle

Solar Power Starts to Sizzle thumbnail

Global production of solar photovoltaic (PV) cells increased 51% in 2007, to 3,733 megawatts, according to a report from the Worldwatch Institute, Washington, D.C., and Prometheus Institute, Cambridge, Mass. More than 2,935 megawatts (MW) of solar modules were installed in 2007, bringing cumulative global installations of PVs since 1996 to over 9,740 MW-enough to meet […]


Localizing a global oil problem

Localizing a global oil problem thumbnail

You’ve heard it said that the world is flat There is simply not enough oil being extracted quickly or inexpensively enough to meet global demand


The Great Oil Deception: Part Two

The Great Oil Deception: Part Two thumbnail

“It is getting much more expensive to find Oil these days.” While it is true that it is getting more expensive to find oil, one has to examine whether that increase is of a permanent nature as many argue. The reason that it is getting more expensive to find oil is mainly because service, drilling […]


Gazprom Neft Aims to Become Russia

Gazprom Neft Aims to Become Russia thumbnail

Gazprom Neft, the oil production subsidiary of Gazprom, has stated in its 2007 Annual Report that it expects to more than double oil output to 2.0 million barrels per day by 2020 from a production average of 864,000 bpd in 2007. The study indicated 27.6 billion barrels of recoverable oil at Priobskoye — it is […]


Why Oil and Gas Prices Are So High: Don’t Blame OPEC

Why Oil and Gas Prices Are So High: Don’t Blame OPEC thumbnail

…Saudi oil officials were claiming just a few years ago that they could pump as much as 15 million barrels per day. But that Evidence of the sort led the Paris-based International Energy Agency in spring 2008 to project an oil-supply crunch by 2015. The agency, surveying the world


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